The 10 most important terms for Bitcoin and Co. explained

Discussions among crypto connoisseurs can be complicated. This not only applies to the content, but also to the jargon peppered with foreign words and technical terms. Not a small language barrier, especially for newcomers to space. But that can be concealed with a few central terms. You should know these 10 crypto buzzwords to have a say.

1.Satoshi Nakamoto

Satoshi Nakamoto is both the creator and founding myth of the first cryptocurrency: Bitcoin. In 2008, in the midst of the financial crisis, he (or she?) presented his idea of ​​digital money to the world. And disappears from the scene a short time later, communication breaks off. Who is Satoshi? This is one of the biggest mysteries in crypto space. Whether it is a man, a woman or a collective is unknown to this day. Since Bitcoin is designed as a decentralized monetary system, it is reasonable to assume that Nakamoto, as the creator of Bitcoin and therefore the central figure, retired to complete his work.